Gold Forecast

Latest Gold Forecast Articles

Precious metals and miners were due for a cycle low in late January. I posted an article expecting a correction containing potential price targets. The cycle timing turned out to be accurate, but the abnormally brief pullback failed to meet traditional correction ob
Using past performance to predict future results is folly. As we saw in 2016, there are any number of potential news events which could shape the economic landscape this next year, many of which could directly influence the price of gold. But the past is all we h
Today, Donald Trump is inaugurated as the 45th President of the United States. While that means different things to many different people, it should mean very interesting things specifically in the world of gold investing. Gold has been holding steady around the low
Where is gold’s price headed in 2017? It’s a simple question with a complicated answer. To make sense of it, let’s review some of the most important factors on the price of gold this year: Factor #1: Interest Rates Interest rates might not have the effect on g
There’s tremendous optimism—though some might call it cautious optimism—in the current markets. That’s been true for almost a full quarter in the equities markets. However, it appears that 2017 may be starting out with similar optimism in the commodities markets as
The gold price was on a crazy roller-coaster ride during 2016. Gold bugs were ecstatic during the first half of the year, as gold finally rallied strongly after a 4-year correction. It was a fierce rally to be sure, as the price advanced from $1,045 to $1,377 in the cou
Gold and silver are bouncing from oversold conditions, as expected. Gold prices should remain below $1,190 and silver below $16.80 during this rebound. However, miners have already exceeded our expectations for a relief rally and could be signaling a bottom. If t
2017 is only days away…with 2016 sufficiently wrapped up, looking toward the future and forecasting the price of gold is the next step. Where do we expect the price of gold to head in early 2017, and why? To answer those questions, we’ll approach our gold
By now, gold’s performance in 2016 is largely in the books. We know that gold is up on the year after starting in the mid-1,000’s. Consequently, if it were to close today, the price of gold would be up about 6%. In the world of commodities, that’s a strong year, even if
The US dollar took the opportunity of the Fed rate hike last week to advance further from the developing breakout we were observing over the past month. The dollar surged over 1% after the hike, eclipsing the 102 level on the Dollar Index and finally closing near 103 by

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